1. Florida
  2. Tampa
  3. 3917 N NEBRASKA AVENUE
$6,200,000

3917 N NEBRASKA AVENUE, Tampa, FL 33603

  • 15,022 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2001
  • Property Lot Size Icon1.94acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $413/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a "Live Local" redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve. ** Also available for lease Located on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.

Listing Status:
Active
Date Added:
January 31, 2025 at 06:00AM
Listing Office:
BAY STREET COMMERCIAL LLC : 813-254-6756
Listing Agent:
Michael Braccia, PA : 813-625-2375
MLS ID:
TB8345181
  • A/C: Central Air
  • Parking: Over 30 Spaces
  • General: BlockSlab
  • Road/Access: County Road
  • Originating MLS: Stellar MLS
  • County: Hillsborough
  • Zoning: PDFENDIGS SUBDIVISION LOTS 1 TO 12 BLOCK B AND LOTS 15 TO 19 BLOCK B TOGETHER WITH A PORTION OF THE 10 FOOT VACATED ALLEY BEING MORE PARTICULARLY DESCRIBED AS: BET AT SE COR OF LT 12 BLK B FENDIGS SD THN N89-35 -42W 410 FT TO E RW OF N NEBRASKA AVETHN ALG SAID E RW LINE N00-27-43E 175.01 FT TO A CURVE CONCAVE SELY W RADIUS OF 41 FT THN NELY CB N45-26E CHD DISTANCE 57.95 FT TO S RW OF MLK JR BLVD THN ALG SAID LINE S89-35-42E 81.22 TO A CURVE CONCAVE NLY W RAD OF 1484.11 FT CHD BRG N87-27-05E CHD DISTANCE 152.94 FT TO A REV CURVE CONCAVE SLY W RAD OF 1186.37 FTCB N86-33-30E CHD DIST 85.29 FT THN S00-27-43W 104.57 FT THN S89-35-42E 50 FT THN S00-27-43W 125 FT TO POB LESS FOLLOWING DESC PARCEL: COM AT SE COR OF LOT 12 BLOCK B THN N 89 DEGA0729194MCB0000000004.0
  • Utilities: 3 Phase
  • Source: Stellar MLS

This listing courtesy of Michael Braccia, PA, BAY STREET COMMERCIAL LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas A. Edison Grammar School

1607 E Curtis St, Tampa, FL, 33610

Grades PK-5

0.71 miles away

M

Memorial Middle School

4702 N Central Ave, Tampa, FL, 33603

Grades 6-8

0.60 miles away

S

Seminole Heights Charter High School

4006 N Florida Ave, Tampa, FL, 33603

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.